Chapter Events Sample Clauses

Chapter Events. US Lacrosse and the Chapter acknowledge that in connection with the provision by Chapters of support to their local constituencies and constituent organization, a Chapter may desire to conduct an event in its Territory. A Chapter event is a group gathering that promotes lacrosse within the local Territory and may involve both the expenditure by the Chapter of Chapter funds, the solicitation by the Chapter of sponsorship funds and expenditures by the Chapter to conduct the event (the “Event”). US Lacrosse and the Chapter acknowledge that it is possible for a Chapter Event to fail to generate revenues sufficient to cover expenses, thereby imposing a financial burden on the Chapter that it may or may not be able to address with existing Chapter resources. US Lacrosse and the Chapter therefore agree that if a proposed Chapter Event involves the proposed expenditure by the Chapter of $2,500 or more, the Chapter shall be prohibited from proceeding with the Event unless and until the Chapter submits to US Lacrosse an Event pro forma in reasonable detail, setting forth an overall expense budget for the Event and the anticipated sources of revenue to cover the projected expenses (the “Event Pro Forma”). The Event Pro Forma shall include an explanation of both the nature and extent of the proposed Event expenses and an explanation of the reason or reasons why the Chapter believes that it will be able to generate the projected revenue shown in the Event Pro Forma. The Event Pro Forma shall also include a Chapter financial plan that addresses the possibility that the Event expenses will exceed the Event revenues, a description of the potential adverse financial impact on the Chapter and the Chapter’s plan for dealing with any such adverse financial impact. The approval of US Lacrosse with respect to an Event Pro Forma shall be an express condition to the Chapter proceeding with the Event. The approval of US Lacrosse of an Event Pro Forma shall not constitute the endorsement by US Lacrosse of the Event that is the subject of the Event Pro Forma but shall represent the determination by US Lacrosse that the Chapter has planned for the financial effect of the Event and the possible failure of the Event to generate Event revenues in excess of Event expenses. If US Lacrosse does not approve an Event Pro Forma, the Chapter shall be prohibited from proceeding with the Event. The determination of US Lacrosse with respect to a particular Event Pro Forma shall be final and bindi...
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Related to Chapter Events

  • Relief Events Subject to Clause 13.3, and notwithstanding any other provision of this Agreement, the Supplier shall have no liability for failure to perform the Services or its other obligations under this Agreement if it is prevented, hindered or delayed in doing so as a result of any Relief Event.

  • Other Events There occurs any other event of a nature that would be required to be reported in response to Item 6(e) of Schedule 14A of Regulation 14A (or any successor rule) (or a response to any similar item on any similar schedule or form) promulgated under the Exchange Act (as defined below), whether or not the Company is then subject to such reporting requirement.

  • Consequences of Events of Default and Corrective Action If an Event of Default occurs, the Province may, at any time, take one or more of the following actions:

  • Events If either Party hereto is at any time either during this Agreement or thereafter prevented or delayed in complying with any provisions of this Agreement by reason of strikes, walk-outs, labour shortages, power shortages, fires, wars, acts of God, earthquakes, storms, floods, explosions, accidents, protests or demonstrations by environmental lobbyists or native rights groups, delays in transportation, breakdown of machinery, inability to obtain necessary materials in the open market, unavailability of equipment, governmental regulations restricting normal operations, shipping delays or any other reason or reasons beyond the control of that Party, then the time limited for the performance by that Party of its respective obligations hereunder shall be extended by a period of time equal in length to the period of each such prevention or delay.

  • Subsequent Taxable Events If, within 10 years from the date on which the relevant Participating TO's Interconnection Facilities are placed in service, (i) the Interconnection Customer Breaches the covenants contained in Article 5.17.2, (ii) a "disqualification event" occurs within the meaning of IRS Notice 88-129, or (iii) this LGIA terminates and the Participating TO retains ownership of the Interconnection Facilities and Network Upgrades, the Interconnection Customer shall pay a tax gross-up for the cost consequences of any current tax liability imposed on the Participating TO, calculated using the methodology described in Article 5.17.4 and in accordance with IRS Notice 90-60.

  • Default Events (a) Any material breach of the Funding Agreement by the Recipient, including those set out below, will be an event of default (“Default Event”):

  • Extraordinary Events No fault if failure due to an Extraordinary Event

  • Termination Events This Agreement may, by notice given prior to or at the Closing, be terminated:

  • Procedure for taking possession The Promoter, upon obtaining the occupancy certificate* from the competent authority shall offer in writing the possession of the [Apartment/Plot], to the Allottee in terms of this Agreement to be taken within two months from the date of issue of occupancy certificate. [Provided that, in the absence of local law, the conveyance deed in favour of the allottee shall be carried out by the promoter within 3 months from the date of issue of occupancy certificate]. The Promoter agrees and undertakes to indemnify the Allottee in case of failure of fulfilment of any of the provisions, formalities, documentation on part of the Promoter. The Allottee, after taking possession, agree(s) to pay the maintenance charges as determined by the Promoter/association of allottees, as the case may be after the issuance of the completion certificate for the project. The promoter shall hand over the occupancy certificate of the apartment/plot, as the case may be, to the allottee at the time of conveyance of the same.

  • Train Operator Events of Default The following are Train Operator Events of Default:

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